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MAS-licenced blockchain firm Chintai partners DNZ Venture Global to offer tokenised carbon credits

Nicole Lim
Nicole Lim • 2 min read
MAS-licenced blockchain firm Chintai partners DNZ Venture Global to offer tokenised carbon credits
The partnership aims to let companies access new avenues of financing and innovation through blockchain. Photo: Chintai
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Monetary Authority of Singapore-licenced blockchain solutions provider Chintai has partnered sustainability firm and carbon market consultancy DNZ Venture Global to offer tokenised carbon credits on Chintai's blockchain platform. 

The two parties announced a “strategic partnership” on Oct 12, which was followed by a live demonstration of tokenisation pilot projects. The partnership will enable companies to access new avenues of financing and innovation, and the Chintai platform will be used to tokenise these projects by issuing climate action tokens.

DNZ and Chintai have announced three pilot projects. The first pilot is DNZ’s climate action token, a marketplace for white labelling, token issuance and token marketplace management.

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